Sandisk stock has a bearish daily setup , with its close below the main exponential averages and the lower Bollinger band. However, oversold readings and a positive 15-minute MACD histogram complicate short-term timing without overturning that bias.
SNDK — daily chart with candlesticks, EMA20/EMA50 and volume.
Key takeaways
Sandisk closed Thursday at $806.43 , down 22.26% from the prior session, on volume of 30,103,400 shares.
The close is below the daily 20-session EMA at $1266.11, 50-session EMA at $1423.61, 200-session EMA at $1240.15, and the daily lower Bollinger band at $937.11.
Daily RSI14 is 24.15 and hourly RSI14 is 17.68; the daily MACD line is -150.94, below its signal at -111.49, producing a histogram of -39.45.
Daily ATR14 rose to $108.68 from $99.08, making the size of daily price fluctuations larger than the preceding reading.
The 15-minute MACD histogram is 4.57, with the line at -31.62 above its signal at -36.19, while the daily MACD histogram is -39.45.
On Thursday, November 5, 2026, Sandisk opened at $962.25. The session recorded a low of $803.97 and a high of $967.99, closing at $806.43. The decline was 22.26% from the prior close, with volume of 30,103,400 shares. Sandisk opened at $962.25, traded between a low of $803.97 and a high of $967.99, and closed at $806.43, against a previous close of $1037.40.
Sandisk stock faces substantial daily resistance
The close sits below the 20-session EMA at $1266.11 and the 50-session EMA at $1423.61. It is also below the 200-session EMA at $1240.15. All three averages represent overhead reference levels, although their order is not a fully bearish alignment.
Meanwhile, daily RSI14 stands at 24.15 , in oversold territory. The daily MACD line is -150.94, below its signal at -111.49, with a negative histogram of -39.45. These readings leave the directional evidence bearish; oversold conditions alone do not establish a bullish reversal.
The close is also below the daily lower Bollinger band at $937.11 , rather than inside the band envelope.
Daily ATR14 rose to $108.68 from $99.08 . That increase makes the size of price fluctuations an important consideration alongside the bearish structure.
Hourly confirmation, but mixed short-term timing
Notably, the hourly chart confirms the daily bias . The close is below the 20-hour EMA at $965.33 and the 50-hour EMA at $1092.71. It is also below the 200-hour EMA at $1363.22. Their ordering forms a bearish alignment.
Hourly RSI14 is 17.68, also oversold. The MACD histogram is -15.75, placing the line below its signal.
In contrast, the 15-minute MACD line is -31.62, above its signal at -36.19. This produces a positive histogram of 4.57 . Yet 15-minute RSI14 is 26.17, in oversold territory.
The close is below both the 15-minute lower Bollinger band at $813.82 and the 20-period EMA at $855.32. The positive histogram therefore offers a timing counterpoint, not confirmation of a bullish daily trend.
Separately, a Seeking Alpha report published during Thursday’s session described strong earnings but said investors questioned margin sustainability. That reported concern provides news context, without changing the technical requirements for a bullish case.
Bullish and bearish conditions for the next session
When trading resumes, the daily pivot sits at $859.46 , with first resistance at $914.96 and first support at $750.94 . These are next-session reference levels, not levels that governed Thursday’s trading.
Bullish scenario requires reclaiming near-term pivots
For the bullish scenario, the first pivot hurdles are the next-session 15-minute pivot at $813.86. The hourly pivot at $817.03 is another near-term level. Sustained trading above those levels would support the short-term case.
Clearing the daily pivot at $859.46 would provide broader support, followed by daily first resistance at $914.96. The daily lower Bollinger band at $937.11 remains another overhead test.
Bearish case intact below pivot levels
Conversely, failure to reclaim those nearer pivots would leave the bearish case intact . A break below the session low at $803.97 would undermine the bullish scenario. That would put daily first support at $750.94 in focus.
Oversold RSI readings would not invalidate that downside condition.
Overall, Sandisk stock stands below the next-session daily pivot and its daily lower Bollinger band. ATR indicates larger fluctuations than the preceding daily reading. The unresolved question is whether the positive 15-minute MACD relationship can translate into reclaimed resistance. The daily and hourly evidence remains bearish.
FAQ
What are the key technical levels for Sandisk stock?
The next-session daily pivot sits at $859.46, with first resistance at $914.96 and first support at $750.94. The 15-minute pivot is at $813.86 and the hourly pivot is at $817.03.
What do the RSI readings indicate for Sandisk?
Daily RSI14 is 24.15, hourly RSI14 is 17.68, and 15-minute RSI14 is 26.17. All three readings are in oversold territory.
Is there any bullish signal in the Sandisk technical picture?
The 15-minute MACD histogram is positive at 4.57, with the line at -31.62 above its signal at -36.19. This provides a short-term timing counterpoint. The daily MACD histogram is -39.45, and the hourly histogram is -15.75.
What was Thursday’s trading range for Sandisk?
On Thursday, November 5, 2026, Sandisk opened at $962.25. The session recorded a low of $803.97 and a high of $967.99, closing at $806.43 on volume of 30,103,400 shares.
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